Stock Movers

Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:

- SpaceX (SPCX) shares fell to their lowest level since the company went public, breaking below the $135 per share level that it sold them to investors at last month. The stock's fall puts shareholders in the red at an early stage, which can be a blow to confidence that some newly-listed firms don’t recover from. There could be more pain ahead as the first of many share lockups are set to expire once the company reports its first set of quarterly results, which could lead to more downside pressure for stocks.

- BlackRock (BLK) shares are rallying as much as 8.3%, the biggest intraday gain since April 2025, after the asset manager reported assets under management that beat the average analyst estimate. Adjusted earnings per share and net inflows also came in above expectations. Evercore ISI said it was a “strong quarter with almost everything going right.”

- PayPal (PYPL) shares are surging as much as 16% Wednesday, the most on record, after Reuters reported Stripe and private equity company Advent ​International have made a joint offer to ‌buy PayPal for $60.50 per share, valuing the payments firm at more than $53 billion.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Isabelle Lee, Carol Massar and Tim Stenovec

- United Airlines Holdings (UAL) raised the lower end of its full-year profit forecast and posted quarterly earnings that topped expectations, signaling that resilient travel demand is helping the US carrier recover from the cost shock caused by the war in Iran. United now expects adjusted earnings of $9 to $11 a share for the year, compared with its previous range of $7 to $11, and expects adjusted earnings of $2.50 to $3.50 a share for the current quarter. The carrier said it expects about $6 billion in added fuel costs for 2026 versus what it saw at the start of the year, and is refining the products it sells throughout its aircraft cabins, including replacing the middle seat in certain Economy Plus rows with a shared table.

- JB Hunt (JBHT) reported earnings per share for the second quarter that beat the average analyst estimate.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:

- SpaceX (SPCX) shares fell to their lowest level since the company went public, breaking below the $135 per share level that it sold them to investors at last month. The stock's fall puts shareholders in the red at an early stage, which can be a blow to confidence that some newly-listed firms don’t recover from. There could be more pain ahead as the first of many share lockups are set to expire once the company reports its first set of quarterly results, which could lead to more downside pressure for stocks.

- BlackRock (BLK) shares are rallying as much as 8.3%, the biggest intraday gain since April 2025, after the asset manager reported assets under management that beat the average analyst estimate. Adjusted earnings per share and net inflows also came in above expectations. Evercore ISI said it was a “strong quarter with almost everything going right.”

- PayPal (PYPL) shares are surging as much as 16% Wednesday, the most on record, after Reuters reported Stripe and private equity company Advent ​International have made a joint offer to ‌buy PayPal for $60.50 per share, valuing the payments firm at more than $53 billion.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- PayPal (PYPL) shares are rallying after Reuters reported Stripe and private equity company Advent ​International have made a joint offer to ‌buy PayPal for $60.50 per share, valuing the payments firm at more than $53 billion.
- Conagra Brands (CAG) shares are moving on news it is cutting its dividend in half, freeing up cash as its new chief executive officer begins his efforts to turn around the packaged food company.
- SpaceX (SPCX) shares have fallen to the brink of falling below their initial public offering price after three days of losses, with shares closing at $136.08 each.
See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Paypal (PYPL) shares gain. PayPal shares are surging as much as 16% Wednesday, the most on record, after Reuters reported Stripe and private equity company Advent ​International have made a joint offer to ‌buy the company.
- Elevance health (ELV) shares slide. The health insurer’s full-year profit guidance boost was lower than its second-quarter beat. Elevance may foresee financial challenges in the later part of the year due to recent federal policy changes that have made healthcare more expensive.
- ASML (ASML) ADRS gain. ASML Holding NV lifted its annual sales forecast for the second time this year, with net sales expected to grow to between €43 billion and €45 billion this year. The company plans to increase production, including increasing manufacturing capacity for its EUV machines to meet a large number of orders queued up for 2028.
See omnystudio.com/listener for privacy information.